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2 years ago

What are the cons of a mixed market economy for most citizens?

Business

2 answers:

Romashka [77]2 years ago

4 0

Answer:

It can be very difficult for citizens to start private businesses. Citizens must pay for most basic necessities by themselves. There is no guarantee of steady employment for many citizens. Citizens may pay higher taxes than in other economic systems.

Explanation:

hope i helped

Dahasolnce [82]2 years ago

3 0

Explanation:

One disadvantage of mixed economies is that they tend to lean more toward government control and less toward individual freedoms. Sometimes, government regulation requirements may cost a company so much that it puts it out of business. In addition, unsuccessful regulations may paralyze features of production.

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A consumer's goal in buying a good or service is to get the most out of his or her income, or to maximize total utility. This is

marissa [1.9K]

I'm thinking B. But I'm not sure

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2 years ago

Read 2 more answers

On January 1, a company purchased a five-year insurance policy for $3,300 with coverage starting immediately. If the purchase wa

marissa [1.9K]

Answer:

a. Debit Insurance Expense. $660, credit Prepaid Insurance, $660.

Explanation:

The adjusting entry is shown below:

Insurance expense Dr $660 ($3,300 ÷ 5 years)

To Prepaid insurance

(Being the insurance expense is recorded)

here we debited the insurance expense as it increased the expense and credited the prepaid insurance as it decreased the assets

Therefore the option a is correct

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2 years ago

James wants to utilize his creativity in the advertising business. So, he plans to leave his shoe manufacturing business. He thi

brilliants [131]

Answer:

C. He can hire a new employee for a temporary replacement

Explanation:

because what if the other states are going to shut down the trade industry and you just shut down your shoe factory the whole city is going to be shoe less so i would say c and wait to find a worthy successor for his position in the shoe manufacturing business.

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2 years ago

Cartier corporation currently sells its products for $50 per unit. the company's variable costs are $20 per unit. fixed expenses

charle [14.2K]

The answer is 40%, in which the following are given: the Variable expense is equal to 20 dollars per unit and Sales is equal to 50 dollars per unit. Use the formula Variable Expense Ratio = Variable Expenses / Sales to get the answer.

Variable Expense Ratio = Variable Expenses / Sales
Variable Expense Ratio = 20 dollars per unit / 50 dollars per unit
Variable Expense Ratio = 40 %

The variable expense ratio is an expression of variable production costs of the company as a percentage of sales, calculated as variable expense divided by total sales. It compares a cost that alters with levels of production to the number of revenues generated by production.

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3 years ago

You are the curator of a museum. The museum is running short of funds, so you decide to increase revenue. What should you do to

SVETLANKA909090 [29]

Answer and explanation:

Demand elasticity measures the changes in quantity demanded as the result of changes in price. Demand elasticity is calculated by dividing the percentage change in quantity demanded by the percentage change in price. If the result is equal or higher than one (1) the product is elastic but if the result is lower than 1 the product is inelastic.

In the case, as the elasticity of demand of the museum ticket is 0.45 it means the museum tickets is inelastic. This scenario implies that in front of changes of price the quantity demanded will not change. Thus, as a curator of the museum you should increase the museum ticket price to increase revenue.

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2 years ago